Penalty for failure to register certain machines used in manufacture of goods as per special procedure [ Section 122A ]

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....in machines used in manufacture of goods as per special procedure [ Section 122A inserted vide Finance Act, 2024 w.e.f. 01 October 2024 ] Notwithstanding anything contained in this Act, where any per....

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.... a penalty equal to an amount of ₹ 1,00,000/- for every machine not so registered. Exclude the Machinery from section 122A(1) In addition to the penalty under section 122A(1), every machine n....